Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.85% | +0.23 | 1.61% |
| Return on Equity (%) | ▼ | 19.97% | -1.96 | 21.93% |
| Net Interest Margin (%) | ▲ | 2.99% | +0.18 | 2.82% |
| Efficiency Ratio (%) | ▲ | 40.52% | -4.02 | 44.54% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.41 | $2 |
| Cost of Funds (%) | ▲ | 2.13% | -0.26 | 2.38% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $498 | +37.48 | $461 |
| Gross Loans ($M) | ▲ | $237 | +11.31 | $226 |
| Loan Growth YoY (%) | ▼ | 59.92% | -1.55 | 61.47% |
| Total Deposits ($M) | ▲ | $390 | +28.22 | $362 |
| Shareholders Equity ($M) | ▲ | $46 | +11.13 | $35 |
| Tang. Book Value ($M) | ▲ | $45 | +11.14 | $34 |
| TBV excl. AOCI ($M)** | ▲ | $56 | +11.46 | $45 |
| Loan / Deposit Ratio (%) | ▼ | 59.92% | -1.55 | 61.47% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.43% | +0.22 | 0.20% |
| Allowance / Loans (%) | — | 1.51% | -0.08% | 1.59% |
| Net Charge-Off Ratio (%) | ▼ | 0.89% | +0.48 | 0.41% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▆▆▆██ | Net Interest Margin (%) | 2.49% | 2.50% | 2.68% | 2.82% | 2.82% | 2.85% | 2.93% | 2.99% |
| ▁▁▃▅▅▅▆█ | Return on Assets (%) | 1.34% | 1.33% | 1.51% | 1.61% | 1.63% | 1.64% | 1.70% | 1.85% |
| ██▆▅▄▄▃▁ | Efficiency Ratio (%) | 48.1% | 48.5% | 45.6% | 44.5% | 44.0% | 44.4% | 42.7% | 40.5% |
| ██▅▄▅▄▁▁ | Cost of Funds (%) | 2.66% | 2.68% | 2.44% | 2.38% | 2.41% | 2.35% | 2.18% | 2.13% |
| ▁▁▂▃▃▃█▆ | NPA / Assets (%) | 0.05% | 0.04% | 0.14% | 0.20% | 0.21% | 0.19% | 0.64% | 0.43% |
| ▁▁▂▃▃▃█▆ | Net Charge-Off Ratio (%) | 0.11% | 0.08% | 0.30% | 0.41% | 0.43% | 0.40% | 1.30% | 0.89% |
| ▄▁▁▂▆█▅█ | Tang. Book Value ($M) | $38 | $32 | $32 | $34 | $41 | $45 | $40 | $45 |
| ▁▂▂▄▇▆▆█ | Gross Loans ($M) | $215 | $218 | $219 | $226 | $233 | $231 | $231 | $237 |
| ▁▁▃▃▂▁▆█ | Total Deposits ($M) | $352 | $352 | $362 | $362 | $354 | $349 | $376 | $390 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 73% |
| C&I / Commercial | 7% |
| Agricultural | 17% |
| Consumer | 1% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 47% |
| Brokered / Other | 29% |